Agellis Receives Order for Delivery to Argentinean Steel Plant
Jul. 5, 2012
AGELLIS Group, which sells level measurement and slag indication systems to global metals producers, has received an order worth more than 2.1 million SEK (US$0.3 million) for two instruments to be supplied to an Argentinean steelworks.
The deal applies to systems to measure steel level in continuous casting tundishes (EMLI-T). The instruments are to be delivered during the third quarter this year and installation will take place towards the end of the year.
"The order from Argentina is a good example of how Agellis uses already installed and running systems as references. This order has not been preceded by a trial or a demonstration, instead we have been using current installations of EMLI-T within the client group to show an attractive payback time when using our systems", says CEO Patrik Bloemer.
For competitive reasons, Agellis chooses not to mention the client by name.
All Agellis products are based on a common electronic platform called EMLI. EMLI T (Tundish) measures the steel level in a tundish with high accuracy, independent of slag and powder thickness. A reliable measurement of the steel level in the tundish helps the plant to increase production and obtain a higher yield.
AGELLIS Group AB develops and markets modern, robust solutions for global metal producers. Agellis offers products for level measurement which facilitate increased automation of production. Agellis customers are based all around the world and include Sandvik Materials Technology in Sweden and several plants within the ArcelorMittal group. Agellis was founded in 2002 and is listed on the NASDAQ OMX First North.